All posts tagged "NPC"
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80ChinaChina Issues Draft Law Aimed at Improving Audit Practices
The law prohibits the entities being audited from refusing to provide information, delaying such provision, and submitting false information.
June 17, 2021 -
81ChinaChina Passes Law Establishing Hainan as Free Trade Port
The law states that Hainan will implement a "minimalist" investment approval system and create an "open, transparent, and predictable investment environment".
June 16, 2021 -
451ChinaChina Passes Data Security Law, Effective in September
Companies that provide data to foreign judicial or law enforcement agencies without approval can have their business licences revoked and be penalised up to CNY 5 million.
June 15, 2021 -
194AML / KYC
China Passes Anti-foreign Sanctions Legislation
Countermeasures can be taken against senior managers and actual controllers of firms included on the anti-sanctions list, as well as their family members.
June 14, 2021 -
165AML / KYC
China Steps Closer to Law to Protect Against US Sanctions
A second draft of legislation aimed at countering US sanctions has reportedly been filed and is expected to be voted on soon.
June 9, 2021 -
345AML / KYCChina to Broaden Scope of AML Law, Raise Penalties
The draft law brings into scope non-bank financial institutions as well as property developers, accounting firms and precious metal dealers.
June 3, 2021 -
124China
FIA Seeks Additional Clarity on China’s “Historic” Futures Law
FIA is requesting additional clarity on settlement finality and proposing that the protections in the new futures law be further expanded.
May 28, 2021 -
369China
China Consults on Expanded Scope of Futures Law
The revised draft expands the scope of the law to also cover "other derivatives", while also raising penalties for violations.
May 3, 2021 -
437ChinaChina Consults on Revisions to Data Privacy, Data Security Laws
The latest revisions will impose stricter requirements on internet platforms and restrict Chinese firms from handing data to foreign agencies.
May 3, 2021 -
341China
China Lawmakers Commence Review of New Futures Law
The law will stipulate rules for futures trading, settlement and delivery systems, establish investor protection mechanisms, and include netting provisions.
April 28, 2021
